Quanome (QNME) stock jumps 37.94% in ten minutes on a $100.9 million AI inference order with a $45 million prepayment, October 8, 2026
The order's average yearly fees are about three and a half times Quanome's fiscal 2026 revenue, and the customer's prepayment pays for the GPUs. The stock closed up 43.28%.
- Quanome's subsidiary XDT signed an order worth about $100.9 million over 60 months with XPERT Software Solutions for dedicated AI inference capacity.
- The stock went from $0.5749 to $0.7058 (+22.77%) in the minute after the 14:40:00 ET headline on October 8, 2026, reached $0.793 (+37.94%) at ten minutes and closed at $0.829, up 43.28%.
- Quanome had $670,281 in cash at June 30, 2026, fiscal 2026 revenue of $5.85 million and a going-concern warning from its auditor.
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| QNME | 0.57 | 0.57 | 0.71 | 0.79 | +22.77% | +37.94% |
Quanome Technologies stock rose 22.77% in the minute after its first AI computing contract reached the MoveSurge news feed at 14:40:00 ET on Thursday, October 8, 2026, and ten minutes later it was up 37.94%, at $0.793 against $0.5749 before the headline. It closed at $0.829, up 43.28% on the day. The contract is an order worth about $100.9 million over 60 months from XPERT Software Solutions Pte. Ltd. for dedicated AI inference capacity, to be run by Quanome's subsidiary XDT Infrastructure I on NVIDIA hardware.
Quanome's revenue for the fiscal year ended June 30, 2026 was $5.85 million, from pharmaceutical distribution, up 111.8%. Its net loss was $9.48 million, including a $2.86 million write-off of supplier advances and a $2.26 million provision for credit losses on third-party loans. It held $670,281 in cash at year end, and its auditor raised substantial doubt about its ability to continue as a going concern.
The order
| Terms | |
|---|---|
| Committed fees | About $100.9 million, a fixed monthly fee |
| Term | 60 months, starting at service readiness |
| Average fees per year | About $20.2 million |
| Customer prepayment | About $45.0 million, in two tranches tied to procurement milestones for the servers |
| Capacity | A dedicated pool of GPU capacity, physically isolated |
| Expected start | Within about two months, subject to service-start conditions |
| Signed / disclosed | Signed September 29; 8-K filed October 5; press release October 8 |
Spread evenly over five years, the fees come to about $20.2 million a year, roughly three and a half times what Quanome took in during fiscal 2026. Fees start only when the capacity is ready, so none of it is revenue yet.
Who pays for the GPUs
On September 16 Quanome agreed to buy 32 GPU servers from Compal Electronics for about $18.8 million, paying 20% when the order is accepted and 80% before shipment, and set a target of opening its first U.S. XDT hub in the fourth quarter of 2026. That purchase is about 28 times the cash Quanome held at June 30. The XPERT order carries a prepayment of about $45.0 million, released in two tranches as the servers behind the order are procured, so the customer's money arrives as the hardware it will rent is bought.
How the stock traded
The one-minute candles put the stock at $0.7013 at the end of the first minute, up 21.99%, and at $0.8349 after fifteen minutes, up 45.23%. The MoveSurge reaction reading recorded $0.7058 (+22.77%) after one minute and $0.793 (+37.94%) after ten. The stock held most of the gain into the close at $0.829, against $0.579 the day before.
Why did Quanome stock go up on October 8, 2026?
Quanome announced that its XDT subsidiary signed its first enterprise customer for dedicated AI inference capacity, an order worth about $100.9 million over 60 months. The stock rose 22.77% in the minute after the 14:40:00 ET headline and closed at $0.829, up 43.28%.
What is Quanome's XDT contract worth?
About $100.9 million in fixed monthly fees over 60 months starting at service readiness, or about $20.2 million a year on average. The customer prepays about $45.0 million in two tranches tied to server procurement.
Who is Quanome's first XDT customer?
XPERT Software Solutions Pte. Ltd., under a Token Factory Master Services Agreement signed on September 29, 2026 and disclosed in an 8-K filed on October 5.
Can Quanome pay for the GPU servers?
Quanome had $670,281 in cash at June 30, 2026 and a going-concern warning, against a $18.8 million purchase of 32 GPU servers from Compal. The customer's $45.0 million prepayment is tied to procurement of the servers behind the order.
Sources
-
Quanome's XDT Secures First Enterprise Customer Agreement for Dedicated AI Inference Services
— Quanome Technologies via GlobeNewswire
XDT's first enterprise customer agreement for dedicated AI inference capacity, an initial order of about $100.9 million.
-
Quanome's XDT Secures First Enterprise Customer Agreement for Dedicated AI Inference Services
— Stockhouse
The same October 8, 2026 announcement of the XDT customer agreement and initial order.
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